South Korean electronics major Samsung is reportedly planning to launch a bigger and powerful 'Note 3' phablet in the second half of 2013.

J.K. Shin, head of Samsung Electronics' mobile division, poses with the Galaxy S3 at an event in Seoul last year .Reuters

South Korean electronics major Samsung is reportedly planning to launch a bigger and powerful 'Note 3' phablet in the second half of 2013.

According to The Korean Times, Samsung's most-awaited flagship phablet, Galaxy Note 3, is expected to feature a massive 6.3-inch display and a powerful 8-core processor called Exynos 5 Octa.

The Korean website did not reveal any other specifications of the rumoured device.

Samsung is also said to be on the look-out for smartphone makers to pitch in their Exynos 5 Octa processors in China.

Besides manufacturing an array of electronics appliances, Samsung is also known for its in-house built, state-of -art computer and smartphone processor chips. Up until the recent bitter patent battle between Apple and Samsung, the latter was the main supplier of processor chips to the Cupertino firm's iconic iPhone and iPad.

After dropping the partnership with Apple, Samsung is reportedly reaching out to Chinese smartphone vendors to use their Exynos 5 Octa processors.

The news agency said that Chinese top-handset makers Huawei and ZTE have shown interests in Samsung's next-generation processor. Chinese companies are expected to roll out Exynos 5 Octa-based smartphones later in the second half of 2013.

Samsung unveiled the company's next generation processor at the recently concluded International CES (Consumer Electronics Show) 2013 at Las Vegas. The 8-core processor has twice the speed of a quad-core version. Most of the high-end smartphones in the current handset market runs on quad-core based processors.

"The new Exynos 5 Octa introduces a whole new concept in processing architecture...designed for high-end smartphones and tablets," said Dr Stephen Woo, president of System LSI Business, Device Solutions Division, Samsung Electronics.

He further said, "When you want multiple applications to perform at their best, you want the best application processor currently available-the Exynos 5 Octa."

Out of 8 cores, the processor uses four Cortex-A15 processors to handle processing-intense tasks and other four cores for lighter workloads.

Samsung's next-generation processor is 70 percent more efficient than the quad-core processors. It can play 3D games with seamless ease.

According to various reports, Samsung's most-awaited Galaxy S4 is also expected to feature the processor.